This is likely to go straight through 40c on no news at all, just to confuse people. It is the way the market seems to work.
The least likely path of the price rising suddenly on no news is hugely bullish in itself, and all it will take is one larger buyer to buy 3m shares, that is highly likely. Traders would jump aboard any breakout, and most players would be confused looking for why. The why is because it is currently under priced, nothing else.
Whether the 2m is chipped away at or disappears overnight, doesn't matter, we are on the verge of the break out.
Movement at the Station, page-22
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Last
$2.74 |
Change
-0.110(3.86%) |
Mkt cap ! $8.249B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.80 | $2.66 | $184.4M | 67.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 238827 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 274109 | 7 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |